Enersize doubles up in China
Finnish energy efficient solutions provider Enersize has commenced its second project with Chinese flat screen manufacturer BOE.
The agreement covers the installation of Enersize’s system for measurements and efficiency analysis of energy usage in compressed air systems in one of BOE´s Beijing production plants.
This is Enersize’s second project with BOE Group, together with local Chinese partner Jointeam International.
“After our successful pilot project in their generation 5 Beijing Factory this has been a natural next step,” states Yuan Wei, general manager, Jointeam International, in a release. “Our strategy of introducing advanced Nordic energy saving technologies to the Chinese market has paid off and we are very excited over the results that can be achieved with Enersize technology.”
The potential savings in the plant has been estimated to be over three million euros annually, which is more than three times that of the already ongoing BOE project from which Enersize received its first profit sharing payments last year.
The announcement comes on the heels of last week’s news that Enersize has collected new capital.